Innovex International (INVX) Expected to Announce Quarterly Earnings on Wednesday

Innovex International (NYSE:INVX) is projected to release its earnings data before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.32 per share for the quarter. Innovex International has set its Q1 2025 guidance at EPS.

Innovex International (NYSE:INVX) last posted its earnings results on Tuesday, February 25th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.21. The business had revenue of $250.69 million for the quarter. Innovex International had a net margin of 12.31% and a negative return on equity of 0.73%.

Innovex International Stock Up 1.0 %

NYSE:INVX opened at $15.63 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.17 and a current ratio of 3.87. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 11.09 and a beta of 0.78. Innovex International has a 12 month low of $12.54 and a 12 month high of $20.14. The company has a 50-day moving average price of $16.91.

Analyst Ratings Changes

Several research analysts recently weighed in on INVX shares. Pickering Energy Partners upgraded shares of Innovex International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 14th. Barclays upped their price target on Innovex International from $15.00 to $16.00 and gave the company an “underweight” rating in a research note on Wednesday, March 5th.

About Innovex International

Innovex International, Inc engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX.